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Camilo Acosta

๐Ÿ‘ค Speaker
311 total appearances

Appearances Over Time

Podcast Appearances

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

When you get into Waymo, the system is performing all three functions.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

It predicts where the other cars are going, where it is going, how objects in the environment such as pedestrians and bikes are behaving.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And that applies judgment to those predictions.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

It says, like, we should do X or Y. And then it takes action by actually moving the car in the necessary direction at the required speed based on those predictions and judgments.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

That's a fully agentic system.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And that's exactly what's happening with software.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

Software is becoming agentic, which means it's not only eating software, but it's actually able to eat entire human workflows.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

I think it will disrupt and destroy a lot of industries for sure.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

I think it's also going to create a lot of new opportunities.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And there's a lot of jobs that are also very difficult for AI to replace.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

We're always going to need restaurants.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

We're always going to need hotels.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

We're always going to need plumbers and electricians.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

We're going to need people to service the millions and millions of robots that are going to exist in our world.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

So it's going to create new jobs, but it will certainly disrupt and replace a lot of human knowledge work, human labor.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

In the near term, it is easier to disrupt things that are less regulated.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And so the areas that will be slower to change are the ones that are more regulated, spaces like the law or healthcare, where there are merchant guilds that protect those industries and accredit and license the individuals that work in those industries, working in concert with government to license those individuals.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

Those things are going to be a lot slower to change, but they will eventually, as safety is proven not to be better with AI, as efficacy is proven not to be better with AI, but it's just going to be a lot slower.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

Working on AI internally at Meta, we knew where things were going.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

That's actually what led me to leave and start Perceptive.